NEW YORK — Facebook’s stock hit a new low Friday after it reported lukewarm second-quarter results and didn’t give an outlook for the coming months. The stock fell $2.88, or nearly 11 percent, to $23.97 in afternoon trading Friday, after ...

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It’s showtime for Facebook. Call it the second act after its rocky initial public offering two months ago. On Thursday, the company will take the spotlight once again to announce its first earnings report as a public company. Facebook’s fate ...

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NEW YORK — Everyone expected Citigroup to pass the Federal Reserve’s latest stress test easily. It had just posted two years of profits, and CEO Vikram Pandit said as recently as March 7 that he was “confident” about rewarding shareholders ...

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Spice maker McCormick & Co.’s net income dipped 1 percent in its fiscal fourth quarter, weighed down by transaction costs related to an acquisition and joint venture. The Sparks-based company also gave a 2012 earnings outlook Thursday that is below ...

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WASHINGTON — The Federal Reserve under Ben Bernanke has gone further than ever to explain its policies to the public. It’s ready to go further still. A Fed policy meeting Tuesday will likely focus, in part, on an evolving plan ...

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NEW YORK — McDonald’s Corp. said Tuesday that a key revenue figure rose 5.5 percent in October, fueled by sales in China and other foreign markets and the popularity of its Monopoly game in the U.S. Revenue at stores open ...

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WASHINGTON — U.S. builders increased spending on homes, office buildings and other projects in August after a big decline in July. The gain still left the construction industry far below levels considered healthy. The Commerce Department says construction spending rose ...

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NEW YORK — Goldman Sachs’s earnings more than doubled in the second quarter, but a slump in its bond trading business kept its bottom-line results well below what analysts were expecting. The investment bank earned $1.05 billion in the three ...

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NEW YORK — Colossal sales lured consumers into stores last month, but what’s going to keep them shopping during the slow economic recovery is anyone’s guess. Consumers who were enticed by warmer weather and deep discounts of up to 80 ...

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NEW YORK — Barnes & Noble is reporting a bigger fourth-quarter loss than analysts expected as the bookseller invested heavily in its e-book reader Nook and as liquidation sales by rival Borders hurt its revenue. Its shares fell more than ...

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